Heartland BancCorp (OTCMKTS:HLAN) to Post Q2 2024 Earnings of $2.29 Per Share, DA Davidson Forecasts

Heartland BancCorp (OTCMKTS:HLAN) – Equities researchers at DA Davidson issued their Q2 2024 earnings per share (EPS) estimates for shares of Heartland BancCorp in a note issued to investors on Tuesday, April 23rd. DA Davidson analyst M. Navas forecasts that the bank will post earnings of $2.29 per share for the quarter. The consensus estimate for Heartland BancCorp’s current full-year earnings is $9.67 per share.

Separately, Piper Sandler restated an “overweight” rating and set a $101.00 price target on shares of Heartland BancCorp in a report on Tuesday, March 5th.

Heartland BancCorp Price Performance

OTCMKTS HLAN remained flat at $89.98 during trading hours on Wednesday. The company’s fifty day moving average price is $86.38 and its 200 day moving average price is $86.25. Heartland BancCorp has a 12-month low of $81.00 and a 12-month high of $90.00. The firm has a market capitalization of $181.76 million, a price-to-earnings ratio of 9.05 and a beta of 0.43.

Heartland BancCorp (OTCMKTS:HLAN) last issued its quarterly earnings results on Tuesday, January 23rd. The bank reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.39 by $0.22. The company had revenue of $28.41 million for the quarter.

About Heartland BancCorp

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.